Accelerate Blue Fund
Backing the Next Generation of University of Michigan Startups
The Accelerate Blue Fund moves innovations from University of Michigan research laboratories into the marketplace by supporting founders at the earliest stages of company formation. Investing in early-stage startups based on University of Michigan–licensed technologies, the AB Fund helps transform breakthrough research into high-growth companies.
Supported through philanthropy and grants, including support from the Michigan Economic Development Corporation and the Michigan Strategic Fund, the Accelerate Blue Fund operates as an evergreen venture fund, reinvesting returns to support future generations of U-M startups.
Accelerate Blue Fund at a Glance
Since 2019
40+
startups funded
$12M+
invested
$460M+
follow-on capital raised
Portfolio Companies
The Accelerate Blue Fund has invested in more than 40 startups built around University of Michigan–licensed technologies, spanning life sciences, software, advanced manufacturing, energy and deep technology.
Neurable
Develops AI-powered brain-computer interface technology embedded in consumer devices to translate brain signals into actionable insights.
BlueConduit
Uses machine learning and data analytics to help cities identify and replace hazardous lead water service lines.
ONL Therapeutics
Develops neuroprotective therapies designed to preserve vision by preventing retinal cell death in degenerative eye diseases.
GripFusion
Creates smart sports equipment with embedded sensors and AI analytics to improve athletic performance and reduce injury risk.
NX Fuels
Develops artificial-photosynthesis technology that converts sunlight, water and CO₂ into green hydrogen and sustainable fuels.
From Research to Startup
University research can lead to extraordinary discoveries, but turning those breakthroughs into companies with real-world benefits requires capital, expertise and time.
The Accelerate Blue Fund helps amplify the impact of U-M research by supporting startups as they move from laboratory innovation to venture-backed companies.
Supporting Founders
In addition to early-stage capital, the Accelerate Blue Fund works with founders to help build venture-ready companies.
Through Innovation Partnerships, portfolio companies receive support in areas such as:
Intellectual property strategy
Commercialization planning
Milestone development
Fundraising preparation
Innovation Partnerships runs a startup acceleration formation program called the Accelerate Blue Foundry, collaborating with entrepreneurs and faculty to facilitate the development of more U-M startups. Startups formed through this program are guaranteed an investment from the Accelerate Blue Fund.
Support the Accelerate Blue Fund
The Accelerate Blue Fund is supported through philanthropy and grants from alumni, foundations, corporate partners and public innovation programs, including the Michigan Economic Development Corporation and the Michigan Strategic Fund.
These partnerships expand the fund’s ability to support early-stage startups and accelerate the commercialization of University of Michigan research.
Learn About Supporting the Fund
Advisors and Supporters
The fund benefits from the guidance and support of leaders across venture capital, industry, philanthropy and the University of Michigan community.
Connect With Us
Whether you are a U-M founder, investor or supporter of university innovation, we welcome the opportunity to connect.